New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1887-05-24

MONDAY, May OBJ. N

MONDAY, May 23.-P.
To-day the Chicago and Northwestern Railway Com.
pany reported its earnings for the month OF April which
S1s77 This makes the gann gross earnings for eleven
months OF the company's hsca year 81 9s7,470 From
show gain the corresponding month OF 1886 Of
the unofficial but trustworthy reports Of the earnings for
the current month"; 1t assured that the gains In
gross earnings for the twelve months to end May 81 will
be 100000 These figures indicate net earnings
for the year and above first charges OF equal
about IL per cent upon both classes of stocks Tho
Chicago St Louis and Pitsburg Railroad, part OF the
western system, in its reports furnishes
additional proof Of the marked improvement In railway
business generally The companys report for the four
months ended April 80 shows surplus first charges
OF $3s 33s-agans for the same period Of 1886 deficit
of S199 566an Improvement OF S237 9o4 the increase
in gross earnings for the period $3.50 1926
According Chicago dispatches which were freely cir
cuated in wast to-day there now exists or is threat
ened one OF the severest railway OF Chicago
that experienced Freight Is will be carried
for TO nothing and chrome will be presented to
each passenger The Of the sudden outbreak may
or may not be found In the suppostton that certain
cotere Of Chicago operators has sold good portion OF
its speculative stocks That there s little msunder
standing between the railways west of Chicago probably
is true as it generally is az all times but that the
dtion affairs is much geratedand that for spec
ulave effect upon stock values-there Is little question
The dispatches circulated bear the same earmarks as
which current some three months ago, those
and the method of circulating them Is
the same These disturbing rumors and
reports the principal factors in todays stock
uation and by their aid, in dull market the efforts to
depress values succeeded to the extent OF q TO per
cent and in the OF NewYork and NewEngland the
depression was is per cent 1t was not only the
"Grangers" that sold down. but the trunk lines
and the coal equally affected by persistent
offerings after the demand had been frightened away.
Among the Changers" Rock Island vas a special ex.
ceptou and is per cent TO 1873 and closed at 3s
and St Paul and Duluth which closed Saturday
ing at o. advanced 70 77ia and closed at 1873. The
latter movement made from some indefinite idea
that dividend upon the stock was shortly to be forth
coming A decision OF the Supreme Court rendered to.
day relieves the Chicago Milwaukee and St. Paul Com
pany from litigation which has been pending since Sep
tsber 1868 The suit brought TO set aside the fore
closure OF the old La Crosse and Milwaukee road and n
yolved some $4,000 900. While the st. Paul Company
gets nothing from this decision except confirmation Of
its title the property in dispute IL the decision IL cor
rectly reported the company is relieved OF vexatous
and expensive lawsuit Only in few instances there
any recoveres the lowest points OF the day. but the
market closed steady and without excitement
Government bonds dull but strong with the bids
for the As and 4ias higher Annexed are the closing
quotations